FOREX JAPAN
If the US DOLLAR collapse the biggest loosers will be SAUDI ARABIA,JAPAN,CHINA&INDIA.Do you agree??
The forex resrves will be useless.
1]US dollar is going to collapse by 40% in the coming 20 years.
2]Americans have been living beyond their means.US internal
debt is $8.5 trillion i.e $ 28,000 for every American.
3]US has increased its interest rate to 5.5% and further hike
is not possible.
4] On March 28,2006 Asian Developement Bank advised
members to be ready for collapse of dollar
5]Dollar is akin to a promisory note of a defunct finance company.
6] Iraq’s WMD has been partly neutralised but Iran and
Venzuela has still got this WMD [by WMD I mean trading oil
in other currencies]
Information received from article by Henry CK Lieu,Venkatesh
and others.
If the dollar collapse the least of my worries would be the monetary situations in other countries. Something like this would affect much of the world though in a different way. Imagine the United States with such money problems. Think about the instability it would cause in this country that would most likely become dangerous for ourselves and the world.
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